Real Estate by Fania — Stefania Riverin
(786) 828-0091

$19,800,000was $22,500,000

720 Lugo Ave

5 bd · 5 ba · 3,968 sq ft

Asking price cut 12% on May 4, from $22,500,000.

219 days on marketSingle Family ResidenceWaterfront
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Listing courtesy of Coldwell Banker Realty. 305-672-6300

From the MLS

Bedrooms
5
Bathrooms
5
Living area
3,968 sq ft
Asking per square foot
$4,990
Year built
1972
ZIP code
33156
MLS number
A11953949

What the listing says

“My Paradise” earns its name! This 5BR/5BA double-waterfront estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains. Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.

Description supplied by Coldwell Banker Realty.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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